15 Mar 2023
20 Mar 2023
₹ 20.30 Cr
28 Mar 2023
₹ 99 per share
Nirman Agri Genetics is one of the organized Agri-Input Company in India engaged in the business of production, processing and marketing of high-quality hybrid seeds, Pesticides, Bio-organic for different crops like corn, sunflower, cotton, paddy, grain sorghum, etc., produces non-hybrid seeds, primarily for paddy and have recently forayed into micronutrients and bioproducts.
The IPO comprises of fresh issue of Nirman Agri Genetics IPO 2.050,800 equity shares which aggregates the issue size to Rs. 20.30 cr.
The objective of the Nirman Agri Genetics IPO : The net proceeds from the Nirman Agri Genetics will be used for: • Funding additional Working capital requirements • Investment in Strategic Acquisition / Joint Venture • Purchase of Computer and other hardware • General Corporate Purposes
The Nirman Agri Genetics IPO lot size is 1200 shares. A retail-individual investor can apply for up to 1 lots (1200 shares or ₹118,800).
The allotment date of Nirman Agri Genetics IPO is set for 23rd March.
Nirman Agri Genetics IPO is promoted by Pranav Kailas Bagal.
First Overseas Capital Limited is the book running lead managers to the issue.